Peadar Tóibín (Meath West, Sinn Fein)

The major issue for me is that the European Central Bank reduced its rate to 0.75% this week, yet the lowest rate we could find for businesses was 6%. The previous Government put €64 billion into the banks and is a major shareholder therein. The Minister for Jobs, Enterprise and Innovation, Deputy Richard Bruton, said he met the banks. Has he asked them to reduce the rate of interest they offer to small businesses?

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